Namibia's Parliament has published the Budget Statement for the Fiscal Year 2026/27, which was delivered on 26 February 2026. Proposals for tax policy and administration reforms for 2026/27 and 2027/28 are summarized in the statement as follows:
- Review and update depreciation allowance (capital allowance) rules to support business investment and economic growth;
- Improve transparency and reduce tax avoidance through mandatory disclosure of aggressive tax planning in line with the BEPS Actio…